FINANCIAL FLOWS, FINANCIAL STABILITY AND MANAGING THE CAPITAL STRUCTURE IN EMERGING COUNTRY
DOI:
https://doi.org/10.35120/kij5801065bKeywords:
Capital Structure, Debt, Equity Ratio, Chi-square test, T-test, Levene's testAbstract
New financial flows and the development of fin-tech are making up different rules of managing the structural of company’s capital. The globalization brings new views and acting of managers for using financial sources and rise of the company. So, capital structure is linked with financial market development, market conditions, availability of debt, type of industry sector as the control of managers. Capital structure is linked with company’s success. Measuring the profitability of the company is not enough due to the fact that there are cases where profitable company does bankrupt. That is the reason in this paper to analyze the financing performance and successful managing of the financial (capital) structure in Macedonia. The companies (the sample in the survey) are divided on companies which have opened bankruptcy proceeding in 2021 and companies which haven't opened bankruptcy proceeding in 2021. The analysis of the survey is done by Chi-square test, T-test and Levene's test for equality of variances.
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https://www.sciencedirect.com/science/article/abs/pii/S0022199612000177, 2023
https://www.nbrm.mk/ns-newsarticle-soopstenie-28112022-en.nspx, 2023
chrome-extension://efaidnbmnnnibpcajpcglclefindmkaj/https://www.bis.org/publ/bppdf/bispap44u.pdf, 2023
